ARBOTECH R.M: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARBOTECH R.M
Largest movements
- Tangible fixed assets +€28,416
up €28,416 (+13.9%), from €204,900 to €233,316
of which Furniture and vehicles: +€40,965
- Cash +€28,121
up €28,121 (+317%), from €8,861 to €36,982
mainly Depreciation (+€30,032) and Debts after one year (+€22,549)
- Receivables within one year -€7,432
down €7,432 (-26.4%), from €28,194 to €20,762
of which Trade receivables: -€10,834
- Debts after one year +€22,549
up €22,549 (+15.1%), from €149,216 to €171,765
- Profit (loss) carried forward +€15,371
up €15,371 (+69.5%), from €22,132 to €37,503
- Current portion of long-term debt +€7,154
up €7,154 (+40.3%), from €17,732 to €24,886
- Trade debts +€5,137
up €5,137 (+120%), from €4,291 to €9,428
- Gross operating margin +€23,343
up €23,343 (+75.9%), from €30,737 to €54,080
- Depreciation -€6,538
down €6,538 (-17.9%), from €36,570 to €30,032
- Taxes +€1,011
up €1,011 (+2,022%), from €50 to €1,061
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,099 | €292,110 | +€49,011 | +20.2% |
| Fixed assets | 21/28 | €205,008 | €233,624 | +€28,616 | +14.0% |
| Tangible fixed assets | 22/27 | €204,900 | €233,316 | +€28,416 | +13.9% |
| Land and buildings | 22 | €149,755 | €150,553 | +€798 | +0.5% |
| Plant, machinery and equipment | 23 | €50,373 | €37,026 | -€13,347 | -26.5% |
| Furniture and vehicles | 24 | €4,772 | €45,737 | +€40,965 | +858% |
| Financial fixed assets | 28 | €108 | €308 | +€200 | +185% |
| Current assets | 29/58 | €38,091 | €58,486 | +€20,395 | +53.5% |
| Amounts receivable within one year | 40/41 | €28,194 | €20,762 | -€7,432 | -26.4% |
| Trade receivables | 40 | €25,961 | €15,127 | -€10,834 | -41.7% |
| Other amounts receivable | 41 | €2,233 | €5,635 | +€3,402 | +152% |
| Cash at bank and in hand | 54/58 | €8,861 | €36,982 | +€28,121 | +317% |
| Deferred charges and accrued income | 490/1 | €1,036 | €742 | -€294 | -28.4% |
| Total equity and liabilities | 10/49 | €243,099 | €292,110 | +€49,011 | +20.2% |
| Equity | 10/15 | €26,132 | €41,503 | +€15,371 | +58.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,132 | €37,503 | +€15,371 | +69.5% |
| Amounts payable | 17/49 | €216,967 | €250,607 | +€33,640 | +15.5% |
| Amounts payable after more than one year | 17 | €149,216 | €171,765 | +€22,549 | +15.1% |
| Financial debts | 170/4 | €149,216 | €171,765 | +€22,549 | +15.1% |
| Amounts payable within one year | 42/48 | €67,751 | €78,842 | +€11,091 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €17,732 | €24,886 | +€7,154 | +40.3% |
| Trade debts | 44 | €4,291 | €9,428 | +€5,137 | +120% |
| Suppliers | 440/4 | €4,291 | €9,428 | +€5,137 | +120% |
| Taxes, remuneration and social security | 45 | €11,584 | €12,995 | +€1,411 | +12.2% |
| Taxes | 450/3 | €790 | - | -€790 | |
| Remuneration and social security | 454/9 | €10,794 | €12,995 | +€2,201 | +20.4% |
| Other amounts payable | 47/48 | €34,144 | €31,533 | -€2,611 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,570 | €30,032 | -€6,538 | -17.9% |
| Other operating charges | 640/8 | €1,484 | €1,479 | -€5 | -0.3% |
| Gross operating margin | 9900 | €30,737 | €54,080 | +€23,343 | +75.9% |
| Operating profit (loss) | 9901 | -€7,317 | €22,569 | +€29,886 | |
| Financial income | 75/76B | €3 | €47 | +€44 | +1,467% |
| Recurring financial income | 75 | €3 | €47 | +€44 | +1,467% |
| Financial charges | 65/66B | €5,688 | €6,184 | +€496 | +8.7% |
| Recurring financial charges | 65 | €5,688 | €6,184 | +€496 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,002 | €16,432 | +€29,434 | |
| Income taxes | 67/77 | €50 | €1,061 | +€1,011 | +2,022% |
| Profit (loss) for the period | 9904 | -€13,052 | €15,371 | +€28,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,052 | €15,371 | +€28,423 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.